Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) Current Ratio: 3.88 (As of Mar. 2026) — 131% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:VKGYO Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO
58 GF Score
Price ₺2.70
GF Value ₺0.80
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio?

Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO +1.50% 58 Current Ratio is 3.88 as of Mar. 2026, which is 131% above its 10-year median of 1.68. GuruFocus rates IST:VKGYO with a GF Score™ of 58/100 and a GF Value™ of ₺0.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 754 REITs companies, Vakif GayriMenkul Yatirim Ortakligi AS ranks better than 84.08% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Vakif GayriMenkul Yatirim Ortakligi AS's current ratio for the quarter that ended in Mar. 2026 was 3.88.

Vakif GayriMenkul Yatirim Ortakligi AS has a current ratio of 3.88. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio or its related term are showing as below:

IST:VKGYO' s Current Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.68   Max: 68.19
Current: 3.88

During the past 13 years, Vakif GayriMenkul Yatirim Ortakligi AS's highest Current Ratio was 68.19. The lowest was 0.37. And the median was 1.68.

IST:VKGYO's Current Ratio is ranked better than
84.08% of 754 companies
in the REITs industry
Industry Median: 0.985 vs IST:VKGYO: 3.88

Vakif GayriMenkul Yatirim Ortakligi AS  (IST:VKGYO) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio Related Terms


Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio Historical Data

* Premium members only.

The historical data trend for Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio Chart

Vakif GayriMenkul Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.98 1.69 3.83 4.03

Vakif GayriMenkul Yatirim Ortakligi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.30 9.76 3.88 4.03 3.88

IST:VKGYO vs VICI, WPC: Current Ratio Comparison

For the REIT - Diversified subindustry, Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio falls into.


IST:VKGYO
58GF Score
Vakif GayriMenkul Yatirim Ortakligi AS IST:VKGYO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vakif GayriMenkul Yatirim Ortakligi AS Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=5216.113/1293.37
=4.03

Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=7708.495/1985.739
=3.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 3.88 mean?
Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) has a Current Ratio of 3.88 as of Mar. 2026. This is 131% above median its historical median of 1.68. Over the past decade, Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio has ranged from 0.37 to 68.19. According to the industry distribution chart, Vakif GayriMenkul Yatirim Ortakligi AS ranks #120 out of 754 companies in the REITs industry, placing it in the top 15.9%.
Is Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio too high?
Vakif GayriMenkul Yatirim Ortakligi AS's current Current Ratio of 3.88 is 131% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 68.19. The REITs industry median Current Ratio is 0.99. Vakif GayriMenkul Yatirim Ortakligi AS's value of 3.88 is 293.9% above this industry median. Based on the distribution chart, Vakif GayriMenkul Yatirim Ortakligi AS ranks #120 out of 754 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vakif GayriMenkul Yatirim Ortakligi AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vakif GayriMenkul Yatirim Ortakligi AS's Current Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Vakif GayriMenkul Yatirim Ortakligi AS ranks #120 out of 754 companies for Current Ratio. This places Vakif GayriMenkul Yatirim Ortakligi AS in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 0.99. Vakif GayriMenkul Yatirim Ortakligi AS's value of 3.88 is 293.9% above this benchmark. Historically, Vakif GayriMenkul Yatirim Ortakligi AS's own Current Ratio has ranged from 0.37 to 68.19 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 0.99, Vakif GayriMenkul Yatirim Ortakligi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.99, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vakif GayriMenkul Yatirim Ortakligi AS's current Current Ratio of 3.88 is 293.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vakif GayriMenkul Yatirim Ortakligi AS's current Current Ratio is 3.88, which is 131% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vakif GayriMenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.80, compared to a current price of ₺2.70 — trading 237.5% above its estimated fair value. The current Current Ratio is 3.88, which is 131% above median its 10-year median of 1.68 and 293.9% above the REITs industry median of 0.99. Vakif GayriMenkul Yatirim Ortakligi AS's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO), the current Current Ratio is 3.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vakif GayriMenkul Yatirim Ortakligi AS (IST:VKGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Vakif GayriMenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺2.70 is trading 237.5% above its estimated GF Value™ of ₺0.80. GuruFocus considers Vakif GayriMenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:VKGYO:

  • Current Ratio: 3.88 (131% above median its 10-year median of 1.68)
  • GF Value™: ₺0.80 vs. price of ₺2.70 (237.5% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 293.9% above the REITs median (#120 of 754)

No single metric tells the full story. See the IST:VKGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vakif GayriMenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif GayriMenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.
58GF Score

Get the complete analysis for IST:VKGYO

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺2.70
Price
₺0.80
GF Value